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They can't even complain...like calling the cops because someone robbed your cocaine stash* (* for those that didn't read the article: India banned large bills
by onetimemanytime 8y ago
They can't even complain...like calling the cops because someone robbed your cocaine stash*
(* for those that didn't read the article: India banned large bills, say, their $100 bills. People had x months to turn it in to exchange with smaller bills. But you had to explain how you got that much money and why didn't declare it to the taxman. So quite a few turned to Bitcoin etc.)
- jarfil 8y agoYou can't con a honest man, but a greedy man... that's easy.
- lozf 8y agoFor some perspective, the bills that were revoked were the 500 and 1000 Indian Rupee notes. 500 INR was worth around 7 to 8 US Dollars at the time, so the comparison to 100 USD bills is around an order of magnitude too great, despite things being cheaper in India.
- onetimemanytime 8y agoI meant to say that they banned their own version of $100, meaning the largest bill